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Choose the most correct answer to complete the sentence. The Jensen's alpha of a fund measures the returns of the fund relative to the fund
Choose the most correct answer to complete the sentence. The Jensen's alpha of a fund measures the returns of the fund relative to the fund returns implied by the CAPM given the exposure of the fund to the market factor. This measure of performance evaluation will be more relevant for an investor that Select one: O Holds the fund as part of a broader diversified portfolio O Allocates 100% of their portfolio to the fund
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